SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Employees Retirement System of Texas

CIK 0001398739 · P.O. BOX 13207, AUSTIN, TX, 78711-3207 · 512-867-7711

Reported Value
$9.2B
Q1 2024
Positions
328
Filings on Record
31
2019–present window
Filed
May 15, 2024
original filing

Summary

Employees Retirement System Of Texas reported $9.2B in U.S.-listed holdings across 328 positions for Q1 2024.

Its largest position, VOO, represents 6.4% of the portfolio.

Compared with Q4 2023, the fund opened 49 new positions and exited 61.

Portfolio Metrics

Turnover
+10.5%
vs prior filed quarter
Top-10 Concentration
+33.9%
share of reported value
Largest Position
+6.4%
Vanguard Index Fds
New / Exited
49 / 61
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $6.3BQ4 ’18Q1 ’19: $6.6BQ2 ’19: $6.6BQ3 ’19: $6.4BQ4 ’19: $6.4BQ4 ’19Q1 ’20: $5.2BQ2 ’20: $6.6BQ3 ’20: $6.8BQ4 ’20: $6.3BQ4 ’20Q1 ’21: $7.8BQ2 ’21: $8.2BQ3 ’21: $8.6BQ4 ’21: $8.9BQ4 ’21Q1 ’22: $8.4BQ2 ’22: $7.0BQ3 ’22: $6.6BQ4 ’22: $6.9BQ4 ’22Q1 ’23: $6.9BQ2 ’23: $7.3BQ3 ’23: $6.7BQ4 ’23: $8.5BQ4 ’23Q1 ’24: $9.2BQ2 ’24: $10.7BQ3 ’24: $11.6BQ4 ’24: $11.7BQ4 ’24Q1 ’25: $11.0BQ2 ’25: $12.3BQ3 ’25: $12.5BQ4 ’25: $12.3BQ4 ’25Q1 ’26: $11.4Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 81.9%ETP: 9.0%REIT: 7.3%ADR: 1.5%US DOMESTIC: 0.2%Other: 0.1%
  • Common Stock · 81.9% · $7.5B
  • ETP · 9.0% · $827M
  • REIT · 7.3% · $665M
  • ADR · 1.5% · $135M
  • US DOMESTIC · 0.2% · $16M
  • Other · 0.1% · $11M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CLCOLGATE PALMOLIVE CONEW+685.0K685.0K+$62M$62M
LOWLOWES COS INCNEW+231.0K231.0K+$59M$59M
CHARLES RIV LABS INTL INCNEW+174.0K174.0K+$47M$47M
HHYATT HOTELS CORPNEW+289.0K289.0K+$46M$46M
ZTSZOETIS INCNEW+268.0K268.0K+$45M$45M
RMDRESMED INCNEW+158.0K158.0K+$31M$31M
NVONOVO-NORDISK A SNEW+53.9K53.9K+$7M$7M
SUPER MICRO COMPUTER INCNEW+5.3K5.3K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2024

322 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VOOVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · SMALL CP ETF · REAL ESTATE ETF6.38%$584M1.56M
2MSFTMICROSOFT CORPhistory →COM4.49%$411M977.8K
3NVDANVIDIA CORPORATIONhistory →COM4.43%$406M449.0K
4AAPLAPPLE INChistory →COM3.78%$346M2.02M
5AMZNAMAZON COM INChistory →COM3.57%$327M1.81M
6GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.06%$280M1.84M
7METAMETA PLATFORMS INChistory →CL A2.58%$236M486.5K
8MAMASTERCARD INCORPORATEDhistory →CL A2.00%$183M379.6K
9EXMOCEXXON MOBIL CORPhistory →COM1.93%$177M1.52M
10JPMJPMORGAN CHASE & COhistory →COM1.69%$155M774.4K
11LLYELI LILLY & COhistory →COM1.61%$147M189.1K
12AVGOBROADCOM INChistory →COM1.49%$136M102.9K
13NOWSERVICENOW INChistory →COM1.20%$110M144.0K
14DGRWWISDOMTREE TRhistory →US QTLY DIV GRT1.18%$108M1.42M
15KOCOCA COLA COhistory →COM1.17%$107M1.74M
16PLDPROLOGIS INC.history →COM1.12%$103M789.5K
17DISDISNEY WALT COhistory →COM1.12%$102M837.4K
18CRMSALESFORCE INChistory →COM1.09%$100M332.9K
19PHPARKER-HANNIFIN CORPhistory →COM1.09%$99M179.0K
20UNHUNITEDHEALTH GROUP INChistory →COM0.98%$90M181.9K
21AXPAMERICAN EXPRESS COhistory →COM0.96%$88M388.0K
22NFLXNETFLIX INChistory →COM0.92%$84M138.5K
23EQIXEQUINIX INChistory →COM0.91%$83M101.0K
24PGPROCTER AND GAMBLE COhistory →COM0.90%$83M509.9K
25COSTCOSTCO WHSL CORP NEWhistory →COM0.90%$82M112.1K
26MUMICRON TECHNOLOGY INChistory →COM0.88%$80M681.7K
27MRKMERCK & CO INChistory →COM0.88%$80M607.4K
28ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.85%$78M224.9K
29TDGTRANSDIGM GROUP INChistory →COM0.85%$78M63.0K
30AMEAMETEK INChistory →COM0.82%$76M413.0K
31ETNEATON CORP PLChistory →SHS0.82%$75M239.0K
32CATCATERPILLAR INChistory →COM0.81%$74M203.2K
33INTUINTUIThistory →COM0.81%$74M114.1K
34TSLATESLA INChistory →COM0.80%$74M418.5K
35WMTWALMART INChistory →COM0.80%$73M1.21M
36SLBSCHLUMBERGER LTDhistory →COM STK0.78%$72M1.31M
37WFCWELLS FARGO CO NEWhistory →COM0.78%$72M1.24M
38DHRDANAHER CORPORATIONhistory →COM0.77%$71M284.0K
39AZOAUTOZONE INChistory →COM0.76%$69M22.0K
40AMPAMERIPRISE FINL INChistory →COM0.76%$69M158.0K
41PSAPUBLIC STORAGEhistory →COM0.72%$66M228.3K
42PANWPALO ALTO NETWORKS INChistory →COM0.72%$66M232.7K
43LPLALPL FINL HLDGS INChistory →COM0.71%$65M246.0K
44LNGCHENIERE ENERGY INChistory →COM NEW0.69%$63M392.0K
45CLCOLGATE PALMOLIVE COhistory →COM0.67%$62M685.0K
46TJXTJX COS INC NEWhistory →COM0.67%$61M606.0K
47MDLZMONDELEZ INTL INChistory →CL A0.66%$60M864.0K
48MDYSPDR S&P MIDCAP 400 ETF TRhistory →UTSER1 S&PDCRP0.66%$60M108.5K
49WMWASTE MGMT INC DELhistory →COM0.65%$59M278.0K
50DDOGDATADOG INChistory →CL A COM0.65%$59M478.3K
51LOWLOWES COS INChistory →COM0.64%$59M231.0K
52CDNSCADENCE DESIGN SYSTEM INChistory →COM0.64%$59M189.0K
53HIGHARTFORD FINL SVCS GROUP INChistory →COM0.64%$59M569.0K
54CMGCHIPOTLE MEXICAN GRILL INChistory →COM0.63%$58M20.0K
55FCXFREEPORT-MCMORAN INChistory →CL B0.62%$56M1.20M
56AJGGALLAGHER ARTHUR J & COhistory →COM0.61%$56M223.0K
57ETRENTERGY CORP NEWhistory →COM0.60%$55M521.0K
58ALLYALLY FINL INChistory →COM0.59%$54M1.33M
59DXCMDEXCOM INChistory →COM0.58%$53M385.0K
60HCAHCA HEALTHCARE INChistory →COM0.58%$53M160.0K
61MSMORGAN STANLEYhistory →COM NEW0.58%$53M564.0K
62STZCONSTELLATION BRANDS INChistory →CL A0.58%$53M194.0K
63TMUST-MOBILE US INChistory →COM0.57%$53M322.4K
64VRTXVERTEX PHARMACEUTICALS INChistory →COM0.54%$49M118.0K
65BSXBOSTON SCIENTIFIC CORPhistory →COM0.53%$49M710.0K
66CHARLES RIV LABS INTL INCCOM0.51%$47M174.0K
67NXPINXP SEMICONDUCTORS N Vhistory →COM0.51%$47M190.0K
68ICLRICON PLChistory →SHS0.51%$47M140.0K
69VICIVICI PPTYS INChistory →COM0.51%$47M1.57M
70ICEINTERCONTINENTAL EXCHANGE INhistory →COM0.51%$47M339.0K
71NINISOURCE INChistory →COM0.50%$46M1.67M
72HHYATT HOTELS CORPhistory →COM CL A0.50%$46M289.0K
73ULTAULTA BEAUTY INChistory →COM0.50%$45M87.0K
74ZTSZOETIS INChistory →CL A0.50%$45M268.0K
75NEMNEWMONT CORPhistory →COM0.49%$45M1.26M
76VOYAVOYA FINANCIAL INChistory →COM0.49%$45M604.0K
77MCKMCKESSON CORPhistory →COM0.47%$43M80.0K
78XBISPDR SER TRhistory →S&P BIOTECH0.44%$41M429.0K
79FITBFIFTH THIRD BANCORPhistory →COM0.42%$38M1.03M
80ODFLOLD DOMINION FREIGHT LINE INhistory →COM0.42%$38M174.0K
81NOCNORTHROP GRUMMAN CORPhistory →COM0.41%$38M79.0K
82FMXFOMENTO ECONOMICO MEXICANO Shistory →SPON ADR UNITS0.41%$37M287.1K
83MSIMOTOROLA SOLUTIONS INChistory →COM NEW0.41%$37M105.0K
84SBACSBA COMMUNICATIONS CORP NEWhistory →CL A0.37%$34M158.0K
85EXKEXACT SCIENCES CORPhistory →COM0.37%$34M491.0K
86ASOACADEMY SPORTS & OUTDOORS INhistory →COM0.37%$34M499.0K
87WECWEC ENERGY GROUP INChistory →COM0.35%$32M393.0K
88DVDOUBLEVERIFY HLDGS INChistory →COM0.35%$32M914.0K
89RMDRESMED INChistory →COM0.34%$31M158.0K
90BMRNBIOMARIN PHARMACEUTICAL INChistory →COM0.33%$30M344.0K
91OREALTY INCOME CORPhistory →COM0.30%$27M503.2K
92WELLWELLTOWER INChistory →COM0.25%$23M245.0K
93FETFORUM ENERGY TECHNOLOGIES INNOTE 9.000% 8/0 · COM0.25%$23M13.48M
94SPGSIMON PPTY GROUP INC NEWhistory →COM0.24%$22M141.6K
95XLFSELECT SECTOR SPDR TRhistory →FINANCIAL0.24%$22M512.0K
96DLRDIGITAL RLTY TR INChistory →COM0.23%$21M147.0K
97SYKSTRYKER CORPORATIONhistory →COM0.22%$20M56.0K
98SHOPSHOPIFY INChistory →CL A0.19%$17M224.6K
99AVBAVALONBAY CMNTYS INChistory →COM0.18%$16M86.7K
100AMHAMERICAN HOMES 4 RENThistory →CL A0.17%$15M416.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$11.4B493May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$12.3B496Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$12.5B507Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$12.3B523Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$11.0B264May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$11.7B311Feb 28, 2025RESTATEMENTchanges · EDGAR ↗
Q3 2024$11.6B334Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$10.7B315Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$9.2B328May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$8.5B340Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$6.7B297Nov 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$7.3B321Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$6.9B330Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$6.9B333Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$6.6B349Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$7.0B711Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$8.4B748May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$8.9B755Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$8.6B787Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$8.2B735Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$7.8B729May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$6.3B645Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$6.8B708Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$6.6B728Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$5.2B746May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$6.4B777Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$6.4B850Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$6.6B1,086Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$6.6B1,055May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$6.3B1,057Feb 12, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.